Petrol Prices Expected to Drop as Global Crude Oil Prices Decline
Nigerians may soon experience a reduction in the cost of Premium Motor Spirit (PMS), commonly known as petrol, as global crude oil prices continue to decline. Analysts in the energy
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Shell: Nigeria Faces Fierce Competition for Foreign Investments Amid Global Energy Transition
Oil giant Shell has warned that Nigeria is facing increasing competition from other countries in attracting foreign direct investment (FDI) in the oil and gas sector, as global energy firms
African Development Bank to Provide $230 Million Trade Finance Package for Access Bank
The African Development Bank (AfDB) has approved a $230 million trade finance package for Access Bank Plc, aimed at boosting liquidity for businesses and enhancing Nigeria’s trade sector. In a
Nigeria Customs Service Begins Pre-Unveiling of Trade Facilitation Tool to Ease Business Operations
The Nigeria Customs Service (NCS) has commenced the pre-unveiling process of its new trade facilitation tool, designed to streamline import and export procedures, reduce bottlenecks, and improve efficiency in the
Wema Bank Empowers Innovative Startups with $200,000 Grant to Drive Tech and Business Growth
Wema Bank Plc, one of Nigeria’s leading financial institutions, has announced a $200,000 grant aimed at supporting innovative startups and small businesses focused on technology, financial services, and entrepreneurship. The
Nigeria Becomes 77th Shareholder of European Development Bank, Expands Global Financial Partnerships
Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD) as its 77th shareholder, marking a significant milestone in the country’s efforts to strengthen international financial partnerships and
Seplat Energy Targets 13 New Oil Wells in 2025 to Boost Nigeria’s Crude Production
Seplat Energy Plc, one of Nigeria’s leading independent oil and gas companies, has announced plans to drill 13 new oil wells in 2025 as part of its strategy to enhance
Lost Luggage: Passenger Tackles Virgin Atlantic Airways in Court
A Nigerian passenger, identified as Mr. Adewale Omotayo, has taken legal action against Virgin Atlantic Airways following the loss of his checked-in luggage on a recent flight from London to
Emirates SkyCargo Bags International Airline Award
Emirates SkyCargo, the freight division of Emirates Airlines, has been honored with the prestigious ‘Best International Cargo Airline of the Year’ award at the 2025 Global Logistics Summit in Dubai.
FAAN Grows Revenue to N343bn
The Federal Airports Authority of Nigeria (FAAN) has reported a significant revenue growth of N343 billion in 2024, marking a notable increase from previous years. This boost in earnings is
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